356 N Sierra Bonita, Los Angeles, California 90036, Los Angeles, 90036 - bed, bath
356 N Sierra Bonita
Los Angeles, California 90036
Property Price
SUMMARY
Analysis of 356 N Sierra Bonita, Los Angeles, California 90036 is currently available with a list price of $1,700,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1927, this property is described as 'beautifully preserved' and retains classic features like hardwood floors and original architecture. However, the kitchen and bathrooms appear dated with older tile work and white appliances rather than modern finishes. While well-maintained and functional, the property is positioned as a 'value-add' opportunity, indicating that systems and interiors are aged and require updates to reach contemporary 'Good' or 'Excellent' standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly desirable Fairfax District near The Grove and the Original Farmers Market, the property benefits from high tenant demand and a walkability factor that drives long-term value.
- Significant Value-Add Potential
The unused garage space presents a lucrative opportunity for ADU development, allowing investors to increase unit count and maximize rental income beyond the existing four units.
- Spacious Historic Character
With over 5,300 square feet of living space, these large 1920s units feature sought-after amenities like hardwood floors and in-unit laundry, which command premium rents.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure Maintenance
Given the 1927 construction date, the property likely requires ongoing capital improvements for aging systems such as plumbing, electrical, and potential seismic retrofitting.
- Regulatory Rent Constraints
As a multi-family asset in Los Angeles, the property is subject to the Rent Stabilization Ordinance (RSO), which limits the speed at which an owner can realize market-rate rental upside.
About 356 N Sierra Bonita
An exceptional opportunity to acquire a beautifully preserved four-unit property in the heart of the Fairfax District, just north of Beverly Boulevard. This classic Los Angeles asset offers meaningful upside potential, including the opportunity to develop new ADU(s) utilizing the existing, currently unused garage space, with two garages currently generating additional income $475/per month, or to restore the garages to parking for added functionality and value. Ideally located moments from the Original Farmers Market and The Grove, the property showcases timeless early 20th-century architecture that continues to attract long-term tenants and consistent demand. Each spacious unit features hardwood floors, in-unit laundry, and designated parking—hallmarks of enduring design, quality craftsmanship, and tenant appeal. With its premier location, generous layouts, and multiple value-add paths, this property presents a compelling investment opportunity through rental income growth, future appreciation, and strategic improvements. A rare chance to own a classic, income-producing asset in one of Los Angeles’s most dynamic and highly sought-after neighborhoods.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1927
- Lot Size
- 6,498 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Hancock Park Elementary School
Grades K-5 • 0.7 mi
Third Street Elementary School
Grades K-5 • 1.2 mi
Vine Street Elementary School
Grades K-6 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 5,320 | 5,681.5 | 50% |
| Lot Size | 6,498 | 7,637 | 50% |
| Price | $1.70M | $1.95M | 50% |
| Price per sq ft | $320 | $342 | 50% |
| Built year | 1927 | 1927 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 81 | 50% |
Pricing History
Listed for Sale
Feb 16, 2026
$1,700,000
Initial Listing